Cabot Sanmar Expansion Announcement
Cabot Sanmar has revealed plans to expand its fumed silica manufacturing capacity through a significant investment of Rs 220 crore (approximately $25 million). This move aims to address the rising customer demand within India.
Joint Venture Background
Cabot Sanmar operates as a joint venture between the US-based Cabot Corporation and Chennai's Sanmar Group. The brownfield expansion is anticipated to be operational by the fourth quarter of 2027.
Commitment to Quality
Sean Keohane, President and CEO of Cabot Corporation, stated, "This expansion reflects our shared commitment to collaboration, innovation, and delivering high-quality fumed silica to support India’s growing demand."
Diverse Applications
The fumed silica products manufactured by Cabot Sanmar find applications in various sectors, including:
- Pharmaceuticals
- Food
- Paints and coatings
- Adhesives and sealants
- Personal care
- Crop protection
Supporting Self-Reliance
Dr. Krishna Kumar Rangachari, Director of Cabot Sanmar Limited, emphasized the company's role as a reliable supply partner in India, contributing to the nation’s self-reliance efforts. He noted that this investment will enhance the domestic availability of essential ingredients used in everyday products.
Celebrating Long-Standing Partnership
Vijay Sankar, chairman of the Sanmar Group, highlighted the enduring relationship between the two companies, stating, "This has been a journey of trust and consistent value creation. Through operational, technology, and commercial excellence, the JV has sustained its leadership position in the market for fumed silica in India. This milestone year marks 30 years of this partnership."
Foundation Stone Laid
Keohane and Sankar recently laid the foundation stone for the new manufacturing unit during a ceremony in Mettur, located in the Salem district.